Economy

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  • Category : Economy
  • Egypt bourse indices up

    Date: 2014-09-01 12:34:06 GMT - Egypt - Economy - SN:77 - ID:901079

    CAIRO, Sept 1 (MENA) - The Egyptian Exchange made gains at the close of Monday's trading session backed by purchases by Egyptian institutions and investment funds. The market capital gained about 459 million pounds to hit 523.5 billion pounds, ....

  • Finance Ministry auctions T-bills worth LE 2.5 billion

    Date: 2014-09-01 12:29:06 GMT - Egypt - Economy - SN:76 - ID:901104

    CAIRO, Sept 1 (MENA) - The Finance Ministry auctioned on Monday treasury bills at a total value of LE 2.5 billion. In an online statement, the ministry said it auctioned the three-year T-bills worth 2 billion EGP, with average yield 14.009 %, ....

  • Coordination to increase Egyptian exports to Russia - minister

    Date: 2014-09-01 12:21:21 GMT - Egypt - Economy - SN:74 - ID:901087

    CAIRO, Sept 1 (MENA) - Trade and Industry Minister Mounir Fakhry Abdel-Nour said that coordination is underway between Egyptian and Russian companies to meet the needs of the Russian markets from food commodities and agriculture products. During ....

  • EGX gains EGP 22.8bn in August

    Date: 2014-09-01 07:32:42 GMT - Egypt - Economy - SN:23 - ID:900465

    CAIRO, Sept 1 (MENA) - The Egyptian Exchange (EGX) gained 22.8 billion pounds in August. The market capital hit 523.88 billion pounds in August compared with 501.05 billion in July. The EGX 30 benchmark index rose 7.03 percent to close at 9,447 ....

  • Global/PRNewswire(1):Through Gaza tunnels to China—Canton Fair attracts buyers with product quality and variety

    Date: 2014-09-01 05:12:24 GMT - Egypt - Economy - SN:6 - ID:900321

    Global/PRNewswire 1-9-2014 GUANGZHO, China, Sept. 1, 2014 /PRNewswire/ -- China has long maintained that the dispute between Palestine and Israel should be resolved through negotiations and communication, not violence. In that spirit, Canton ....

  • Egypt bourse indexes up

    Date: 2014-08-31 13:32:26 GMT - Egypt - Economy - SN:68 - ID:899573

    CAIRO, Aug 28 (MENA) – The Egyptian Exchange made gains at the close of today's trading session backed by purchases by Egyptian investors. The market capital went down by about 378 million pounds to hit 523.8 billion pounds, amid transactions ....

  • CBE governor: Dollarization in Egypt decreasing

    Date: 2014-08-31 13:19:23 GMT - Egypt - Economy - SN:65 - ID:899629

    CAIRO, Aug 31 (MENA) - Governor of the Central Bank of Egypt (CBE) Hisham Ramez said Sunday the dollarization levels were decreasing in Egypt, noting the official and non-official exchange rates would soon be the same. On the sidelines of the ....

  • AL economic and social council's meeting to be held in Cairo

    Date: 2014-08-31 13:16:10 GMT - Egypt - Economy - SN:64 - ID:899543

    CAIRO, Aug 31 (MENA) – The meetings of the 94th ministerial ordinary session of the economic and social council will kick off on September 11 at the headquarters of the Arab League. In statements, Arab League Assistant Secretary General Mohammed ....

  • Suez Canal project to boost Egyptian economy -- CBE governor

    Date: 2014-08-31 10:37:35 GMT - Egypt - Economy - SN:39 - ID:899363

    CAIRO, Aug 31 (MENA) - Governor of the Central Bank of Egypt Hisham Ramez asserted that the new Suez Canal project will boost the Egyptian economy for the current and coming generations. In a press conference on Sunday to announce the measures of ....

  • Awqaf authority firms to be enlisted in stock exchange -- chief

    Date: 2014-08-30 15:32:24 GMT - Egypt - Economy - SN:72 - ID:898431

    CAIRO, Aug 30 (MENA) - Companies of the Awqaf authorities will be enlisted at the stock exchange, said the bourse's chief Mohamed Omran on Saturday. The step has been approved by Awqaf Minister Mohamed Gomaa, said Omran. The number of enlisted ....

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